In a report issued on November 25, Michael Scialla from Stifel Nicolaus reiterated a Buy rating on Jagged Peak Energy Inc (JAG), with a price target of $18. The company’s shares closed yesterday at $11.95.
According to TipRanks.com, Scialla ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -13.0% and a 25.1% success rate. Scialla covers the Basic Materials sector, focusing on stocks such as Abraxas Petroleum Corp, Whiting Petroleum Corp, and Oasis Petroleum Inc.
Currently, the analyst consensus on Jagged Peak Energy Inc is a Moderate Buy with an average price target of $17.60, representing a 47.3% upside. In a report issued on November 13, BMO Capital also reiterated a Buy rating on the stock with a $15 price target.
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The company has a one-year high of $16.55 and a one-year low of $10.55. Currently, Jagged Peak Energy Inc has an average volume of 1.19M.
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Jagged Peak Energy, Inc. operates as an independent oil and natural gas company. It focuses on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. Jagged Peak Energy was founded in September 2016 and headquartered in Denver, CO.
